Episode Details

Glenfarne, a private developer, supports corporate income taxes for their LNG pipeline project, as taxes only apply after construction. In contrast, Hilcorp, after purchasing BPs Alaska assets, has lobbied against tax reforms for six years, avoiding taxes like big C corps. Alaskans face budget shortfalls, yet Hilcorp resists changes. Glenfarnes transparency stands out, as theyd owe $466 million annually at a 9.4% tax rate. The governor proposes a volumetric tax, and the Senate Resources Committees SB280 aligns with this, closing the S corps loophole for large oil and gas players, ensuring revenue for schools, roads, and dividends without deterring investors.

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